Cryptocurrency Market Sees Significant Price Movements

Morgan Stanley's recent announcement that US banks may be allowed to hold Bitcoin on their balance sheets has sent shockwaves through the cryptocurrency market.

The news follows reports that the bank plans to launch spot crypto trading on its wealth platform later this year, further increasing investor interest in cryptocurrencies.

Dogecoin (DOGE) and Chainlink (LINK) have also seen significant price movements, with DOGE up 14.5% this week and LINK up 10.7%. These gains are likely due to increased institutional investment and growing confidence in the market.